1808 Campaign to Reform Stamp Duty Land Tax

NAEA and ARLA have launched a campaign to review the stamp duty payable on the transfer of residential property. The campaign has received national and regional press coverage, and discussions are well under way with potential coalition partners.

NAEA and ARLA are suggesting:

• Suspending Stamp Duty for the duration of the housing downturn, with a commitment to review the existing system
• Reforming the system moving from the distorting 'slab' system to a more progressive 'slice' system or progressive system which, like other taxes, is index-linked to inflation
• Raising the starting threshold for this tax well above the current £175,000 limit to ensure that as much is done as possible to assist first time buyers into the market.

VIEW THE 1808 CAMPAIGN TO REFORM STAMP DUTY LAND TAX